Tag: ERP

With the global Metal Fabrication sector expected to grow globally at seven to ten per cent annually until at least 2032, many manufacturers are beginning to address what some are calling "The elephant in the room - Planning! 

In the fast-paced manufacturing world, it can be challenging for companies to stay ahead of the curve and remain competitive. One way to gain an edge is through data discovery, which enables manufacturers to identify trends and patterns in their operations, helping them fine-tune their processes and improve efficiency.

Scheduling jobs in manufacturing is one of the most complex tasks in operating a shop floor as it involves a range of various details that must be accounted for, such as work orders, raw material availability, due dates, employee skill sets, and work centre capacity. 

A Nucleus Research report has featured global industry-built enterprise resource planning (ERP) software developer, SYSPRO, for its new Embedded Analytics capability, which manufacturing and distribution business leaders to analyse ERP data without using IT. 

A survey of 1,350 manufacturers in 13 countries has revealed that more than 45% of them are struggling to outpace their competitors due to a lack of technology and suitably skilled workforces.

Manufacturers all over the world are on a constant mission to adapt to the ever-changing business landscape, continuously revamping operations and innovating new solutions that would enable them to efficiently mitigate major operational issues, such as supply chain disruptions. 

Artificial intelligence (AI) has enjoyed a steady rise in popularity across almost every industry since its formal inception in the mid-twentieth century. 

Global ERP software provider SYSPRO announced new capabilities in its most recent ERP version, along with enriched functionality for improved internal and organisational controls, a connected supply chain, deeper business intelligence and digital dexterity. 

The Australian fabricated metal manufacturing industry has experienced subdued revenue growth over the past five years, despite a contraction of product sales to key building markets following the pandemic, according to this July 2022 report from IBIS World.

Manufacturing leaders in Australia are playing in an increasingly competitive field where only the slightest difference in gameplay— in this case, data-driven solutions— can make or break a business’ performance.